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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (73788)	12/14/1999 11:59:00 AM
From: MeDroogies	Read Replies (1) \| Respond to of 97611

Help me out here. Unless you're sitting on the precipice of 2 different rate levels (or your losses are large enough to force you down into a more favorable one) - just how does taking your losses really give you any true benefit? Unless you're sick of holding a stock (and you clearly are), the benefit is actually imaginary. Taking losses never really makes up much in terms of lost taxes unless you are switching brackets. I've worked the numbers several different ways w/accountants, and they have yet to properly present this information in a way that proves the real benefit of taking losses. (Sort've the same way they keep telling me not to pay down my mortgage because I need the write off....totally nonsensical since the tax "gain" is more than offset by the interest "loss" - again, unless I change brackets)